Dubai – Mubasher: Dubai-based Islamic mortgage lender Amlak Finance on Tuesday announced the completion of its new residential development project in Mirdiff, which is the company’s first fully-owned property.
The AED 138 million project comprises 54 villas and includes 18 plots, with a total built-up area of 180,085 square feet, according to a company statement.
“Through such developments, we hope to continue to enhance the value of the UAE’s real estate market in addition to fulfilling our commitments to our financiers and shareholders,” said Arif Alharmi, Amlak Finance’s managing director and CEO.
Each of the project’s villas has four to five bedrooms, private gardens and parking facilities, Amlak revealed.